GERDAU SA
| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) | Type |
|---|---|---|---|---|---|---|---|
| DONALD SMITH & CO., INC. | 5,972,460 | 16,229,292 | +10,256,832 | 0.41 | 1.00 | +0.59 | buy |
| Itau Unibanco Holding S.A. | 4,036,600 | 9,956,261 | +5,919,661 | 0.45 | 1.05 | +0.60 | buy |
| CAUSEWAY CAPITAL MANAGEMENT LLC | 2,670,178 | 7,189,270 | +4,519,092 | 0.12 | 0.29 | +0.17 | buy |
| Optiver Holding B.V. | 3,683,049 | 5,435,331 | +1,752,282 | 0.29 | 0.27 | 0.00 | buy |
| SPX Gestao de Recursos Ltda | 2,869,104 | 4,491,042 | +1,621,938 | 0.78 | 1.17 | +0.38 | buy |
| RENAISSANCE TECHNOLOGIES LLC | 10,243,601 | 10,857,148 | +613,547 | 0.04 | 0.05 | +0.00 | buy |
| Capital International Investors | 30,464,285 | 31,046,243 | +581,958 | 0.02 | 0.02 | +0.00 | buy |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 587,602 | 940,472 | +352,870 | 0.00 | 0.00 | +0.00 | buy |
| TWO SIGMA INVESTMENTS, LP | 7,791,028 | 7,491,210 | +299,818 | 0.04 | 0.04 | 0.00 | sell |
| Robeco Institutional Asset Management B.V. | 63,226 | 262,341 | +199,115 | 0.00 | 0.00 | +0.00 | buy |
| FIL Ltd | 2,892,664 | 3,042,520 | +149,856 | 0.01 | 0.01 | +0.00 | buy |
| Virtus Family Office LLC | 451,158 | 575,069 | +123,911 | 1.69 | 1.67 | -0.02 | buy |
| Capital International Sarl | 845,688 | 952,005 | +106,317 | 0.05 | 0.05 | +0.00 | buy |
| Connor, Clark & Lunn Investment Management Ltd. | 884,022 | 851,660 | +32,362 | 0.01 | 0.01 | -0.00 | sell |
| GUGGENHEIM CAPITAL LLC | 371,567 | 397,574 | +26,007 | 0.01 | 0.01 | 0.00 | buy |
| ARGA Investment Management, LP | 226,447 | 252,387 | +25,940 | 0.02 | 0.02 | +0.00 | buy |
| CoreCommodity Management, LLC | 22,644 | 48,408 | +25,764 | 0.01 | 0.03 | +0.02 | buy |
| AIGEN INVESTMENT MANAGEMENT, LP | 25,377 | 40,670 | +15,293 | 0.01 | 0.02 | +0.01 | buy |
| CI INVESTMENTS INC. | 328,741 | 317,443 | +11,298 | 0.00 | 0.00 | 0.00 | sell |
| Inspire Investing, LLC | 20,632 | 23,790 | +3,158 | 0.01 | 0.01 | +0.00 | buy |
| Inspire Advisors, LLC | 45,510 | 46,651 | +1,141 | 0.01 | 0.01 | +0.00 | buy |
| Ballentine Partners, LLC | 17,715 | 18,789 | +1,074 | 0.00 | 0.00 | 0.00 | buy |
| Addison Advisors LLC | 630 | 250 | -380 | 0.00 | 0.00 | -0.00 | sell |
| Hennion & Walsh Asset Management, Inc. | 181,001 | 179,788 | -1,213 | 0.02 | 0.02 | -0.00 | sell |
| Rehmann Capital Advisory Group | 16,479 | 13,320 | -3,159 | 0.00 | 0.00 | -0.00 | sell |
| R Squared Ltd | 30,740 | 22,853 | -7,887 | 0.05 | 0.03 | -0.02 | sell |
| BSW Wealth Partners | 72,591 | 51,269 | -21,322 | 0.03 | 0.02 | -0.01 | sell |
| Grantham, Mayo, Van Otterloo & Co. LLC | 702,020 | 641,323 | -60,697 | 0.01 | 0.01 | -0.00 | sell |
| LGT Group Foundation | 124,590 | 58,160 | -66,430 | 0.00 | 0.00 | -0.00 | sell |
| Banco BTG Pactual S.A. | 261,800 | 55,000 | -206,800 | 0.16 | 0.02 | -0.13 | sell |
| Capital International, Inc./CA/ | 644,644 | 216,167 | -428,477 | 0.02 | 0.01 | -0.01 | sell |